Karvy has issued its much-awaited Wealth Maximizer Report for 2016 in which ten top-quality large-cap and ten top-quality mid-cap stocks have been recommended for investment
Karvy has issued its much-awaited Wealth Maximizer Report for 2016 in which ten top-quality large-cap and ten top-quality mid-cap stocks have been recommended for investment
We believe that equities will continue to outperform other asset classes like fixed income and commodities (Gold) in the long term. Hence, we advise to remain invested in equities with a long term perspective in good quality companies in a systematic manner. We expect Nifty to trade in the band of 7560-9720 in the coming 12-15 months implying a P/E band of 14-18x CY16E consensus EPS. Considering the brighter prospects in the long term, we remain overweight on Consumers, Financials, Infrastructure, Automobile, Cement, Energy and Power.
I have Kitex, HSIL in my portfolio will have a watch on L & T to see a good time to add it.